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Showing 221 - 230 of 1348 results for "Target"

Super investment key to decarbonising Australia: ASFA

RACHEL ALEMBAKIS  |  TUESDAY, 5 DEC 2023  |  NEWS
Investment by super funds will be a key source of capital to fund the structural shift necessary to transition Australia's economy to net zero, according to ASFA. The peak body for super funds has published a report examining super's role in the net ...

New advisory body for nature investment

ROSE MARY PETRASS  |  TUESDAY, 5 DEC 2023  |  NEWS
... 2024. The government will develop national targets in line with the Global Biodiversity Framework, aiding in the global target of mobilising at least US$200 billion per year by 2030 in public and private finance for nature. The Global Nature Positive ...

How to spot a credible transition plan: Energetics

RACHEL ALEMBAKIS  |  MONDAY, 4 DEC 2023  |  NEWS
... emissions from 18% to 12-14% on the way to net zero by 2050, with investors pressing the company to stick with its 2030 target to limit Scope 1 and 2 in line with the Science Based Targets Initiative (SBTi) and United Nations Framework Convention on ...

RIAA names Responsible Investment Super Leaders

RACHEL ALEMBAKIS  |  MONDAY, 4 DEC 2023  |  NEWS
The Responsible Investment Association Australasia (RIAA) has named 10 Responsible Super Fund Leaders, while noting that MySuper products of super funds demonstrating leading responsible investment practice outperformed those of non-leaders on average ...

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... (IHLEG) that underpinned the declaration was released at the start of COP28. The World Bank increased its climate finance target to 45% to deploy over US$40 billion per year by 2025, of which US$9 billion is additional, equally between mitigation and ...

SDG Loan Fund raises $1.1b of investor capital

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
... institutions and intermediaries serving small and medium-sized businesses in low- and moderate-income countries in three target sectors: energy, financial institutions, and agribusiness. This will address a critical annual funding gap that since the ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... across the Australian Public Service. As previously reported by FS Sustainability, the government rolled out a net zero 2030 target for Scope 1 and Scope 2 emissions. The policy will initially cover 100 non-corporate Commonwealth entities, with some ...

New code of practice guidance for voluntary carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
The Voluntary Carbon Markets Integrity Initiative (VCMI) has released guidance to help direct finance to climate mitigation initiatives and commitment beyond science-aligned emissions cuts. The new guidance for the Claims Code of Practice aims to accelerate ...

Rest invests $1b in Quinbrook green data centres

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
Superannuation firm Rest will invest $1 billion in renewable and clean energy infrastructure manager Quinbrook Infrastructure Partners. The commitment will support the energy transition, providing exposure to a range of assets including solar and battery ...

Slow progress on human rights in business

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... companies were Uniqlo owner Fast Retailing, Coles Group, Wilmar International,, Woolworths Group, and Wesfarmers (Kmart and Target Australia). However, none of the top performing companies ranked higher than 50% for gender equality. Overall leaders are ...